20 Sep 2018

Air Lease Corporation Announces Delivery of Airbus A320-200neo Aircraft with SKY Airline

LOS ANGELES, September 20, 2018 – Today Air Lease Corporation (NYSE: AL; “ALC”) announced the delivery of one new LEAP-1A26-powered Airbus A320-200neo aircraft on lease to SKY Airline (Chile). This A320-200neo aircraft is the first of three A320-200neo aircraft set to deliver to SKY Airline from ALC’s order book with Airbus. “ALC is pleased to announce this A320-200neo delivery to our new customer, SKY Airline,” said John L. Plueger, Air Lease Corporation’s Chief Executive Officer and President. “ALC is the first lessor to introduce the A320-200neo to SKY and we look forward to a successful long-term relationship with the airline.” “This new A320-200neo marks[...]

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19 Sep 2018

Air Lease Corporation Announces Delivery of Boeing 787-9 Aircraft with Air New Zealand

LOS ANGELES, September 19, 2018 - Air Lease Corporation (NYSE: AL; “ALC”) announced today the delivery of one new Boeing 787-9 aircraft on long-term lease to Air New Zealand from ALC’s order book with Boeing.  “ALC is delighted to announce this Boeing 787-9 delivery to Air New Zealand,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation. “ALC is proud to continue its long excellent relationship with Air New Zealand by leasing this new B787-9 aircraft which will be an instrumental aircraft in Air New Zealand’s ongoing fleet evolution and modernization to maintain its status as a leading global airline.” Air New Zealand currently has Airbus[...]

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11 Sep 2018

Air Lease Corporation Announces Pricing of Public Offering of $1.2 Billion of Unsecured Senior Notes

LOS ANGELES, California, September 11, 2018 - Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on September 10, 2018 of its public offering of $700 million aggregate principal amount of 3.500% unsecured senior notes due 2022 (the “2022 Notes”) and $500 million aggregate principal amount of 4.625% unsecured senior notes due 2028 (the “2028 Notes” and, together with the 2022 Notes, the “Notes”). The sale of the Notes is expected to close on September 17, 2018, subject to satisfaction of customary closing conditions.  The 2022 Notes will mature on January 15, 2022 and will bear interest at a rate of 3.500% per annum, payable semi-annually in[...]

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10 Sep 2018

Air Lease Corporation Announces the Placement of Boeing 787-9 with Neos

LOS ANGELES, September 10, 2018 - Air Lease Corporation (NYSE: AL; “ALC”) announced a long-term lease agreement for one new Boeing 787-9 aircraft on lease to Neos (Italy). The aircraft will deliver in Q4 2019 from ALC’s order book with Boeing.  “Air Lease is very pleased to be delivering one of our new Boeing 787-9 Dreamliners to Neos in Italy later next year.  This is part of Neos’ fleet upgrade from Boeing 767s to the latest technology B787s, which will allow Neos to serve their Intercontinental destinations in the Americas, Asia and Africa more efficiently, with the most economical twin-aisle aircraft.  We have a long relationship with the owners[...]

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28 Aug 2018

Air Lease Corporation to Participate in Upcoming September Conferences

LOS ANGELES, August 28, 2018 - Air Lease Corporation (NYSE: AL) announced today that Executives from the Company will be speaking at the following conferences in September: September 5, 2018: Steven F. Udvar-Házy, Executive Chairman, will be presenting at the Deutsche Bank 8th Annual Aircraft Finance & Leasing Conference in New York City September 12, 2018: John L. Plueger, Chief Executive Officer and President, will be speaking at the Morgan Stanley 6th Annual Laguna Conference in Dana Point, California September 13, 2018: John L. Plueger will be presenting at the Barclays Global Financial Services Conference in New York City September 13, 2018: Steven F. Udvar-Házy[...]

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16 Aug 2018

Air Lease Corporation to Host Investor Meeting to Discuss Thunderbolt II

LOS ANGELES, August 16, 2018 - Air Lease Corporation (NYSE: AL) announced today that the Company will be hosting a meeting on Thursday, September 6th at 3 p.m. Eastern Time to further discuss the Thunderbolt II transaction. Speaking from Air Lease will be Gregory B. Willis, Executive Vice President and Chief Financial Officer, and Ryan McKenna, Vice President and Head of Strategic Planning. This meeting is open to all investors and will more thoroughly cover the deal structure and value the platform provides to the broader Air Lease business. For investors interested in attending in person, the meeting will be held at The Peninsula New York located at 700 5th Ave, New York, NY[...]

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09 Aug 2018

Air Lease Corporation Announces Second Quarter 2018 Results

Los Angeles, California, August 9, 2018 — Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and six months ended June 30, 2018. The PDF file containing the full earnings release is available for download at www.airleasecorp.com/press.

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06 Aug 2018

Air Lease Corporation Initiates Portfolio Sale of 18 Aircraft to Thunderbolt II Aircraft Lease Limited

LOS ANGELES, August 6, 2018 - Air Lease Corporation announced today that the Company initiated the sale of a portfolio of 18 aircraft to Thunderbolt II Aircraft Lease Limited (“Thunderbolt II”), a newly formed entity.  The aircraft comprise a mix of narrowbody and widebody jet aircraft that, as of April 30, 2018, had an average age of 8.0 years and were leased to 16 lessees based in 15 countries.  Air Lease Corporation and its Irish affiliate, ALC Aircraft Limited, will act as servicers and portfolio manager with respect to the aircraft.  ALC estimates that the process of transfer and sale of the majority of aircraft will occur progressively during Q3 and Q4[...]

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18 Jul 2018

Air Lease Corporation Selects GEnx Engines for Additional Boeing 787 Dreamliners

SOURCE: GE Aviation
FARNBOROUGH, UK - July 18, 2018 - Air Lease Corporation selected GEnx-1B engines to power its three new Boeing 787 Dreamliners. The engine order if valued at more than $170 million (USD) list price.  “Air Lease Corporation’s order for additional GEnx-powered Boeing 787 Dreamliners demonstrates the continued confidence in the engine and aircraft,” said Chaker Chahrour, VP Global Sales & Marketing at GE Aviation. “The GEnx is the most popular engine powering the Boeing 787 Dreamliner and has set itself apart in its class.” With more than 2,000 engines sold in less than 15 years since launching the program, the GEnx engine has solidified it as[...]

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18 Jul 2018

Air Lease Corporation Orders Additional Pratt & Whitney GTF™ Engines to Power 26 Airbus A320neo Family Aircraft

SOURCE: Pratt & Whitney FARNBOROUGH AIR SHOW, July 18, 2018 - Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), and Air Lease Corporation (ALC) today announced an order for Pratt & Whitney GTF engines to power a pre-existing order between Airbus and ALC for 26 firm A320neo family aircraft. ALC previously ordered GTF engines to power 30 firm A320neo family aircraft. With today's announcement, ALC will manage a total of 56 GTF-powered A320neo family aircraft.  "We're excited to power these additional 26 ALC aircraft with GTF engines," said Rick Deurloo, senior vice president of sales, marketing and customer support at Pratt & Whitney. "We appreciate ALC's[...]

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18 Jul 2018

Air Lease Corporation Places $2.3 Billion CFM LEAP-1B Engine Order

Has purchased both LEAP engine models SOURCE: CFM International FARNBOROUGH, England - 18 July 2018 - Air Lease Corporation (NYSE: AL) has finalized its order for additional CFM International LEAP-1B engines to power 83 Boeing 737 MAX aircraft at a value of $2.3 billion U.S. at list price.   The aircraft were previously announced. Air Lease Corporation (ALC) specializes in purchasing new commercial aircraft and leasing them to its airline customers worldwide through customized leasing and financing solutions. “The LEAP-1B is performing exceptionally well in airline services,” said Gaël Méheust, president and CEO of CFM International.  “This continued vote[...]

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18 Jul 2018

Air Lease Corporation Selects LEAP-1A in New $1.0 Billion Engine Order

Has purchased both LEAP engine models SOURCE: CFM International FARNBOROUGH, England - 18 July 2018 - Air Lease Corporation (NYSE: AL) has selected CFM International’s advanced LEAP-1A engine to power 34 previously announced Airbus A321neo aircraft in an order valued at just over $1.0 billion U.S. at list price. Air Lease Corporation (ALC) specializes in purchasing new commercial aircraft and leasing them to its airline customers worldwide through customized leasing and financing solutions. The LEAP engine family continues to perform exceptionally well in commercial service.  There are 61 airlines currently operating more than 385 aircraft on five continents. [...]

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17 Jul 2018

Boeing, Air Lease Corporation Announce Orders and Commitments for 78 Boeing Jets

Deal is valued at $9.6 billion and includes orders and commitments for 75 MAX 8s and three 787-9s
Large order from leading lessor reflects healthy commercial market demand SOURCE: BOEING FARNBOROUGH, United Kingdom, July 17, 2018 - Boeing [NYSE:BA] and Air Lease Corporation [NYSE: AL] today announced orders and commitments for up to 78 Boeing airplanes, including 75 737 MAX 8s and three 787-9 Dreamliners, at the 2018 Farnborough International Airshow. The order, valued at $9.6 billion at current list prices, expands ALC’s 737 MAX portfolio to 213 jets. The three 787-9s and the first 20 737 MAX airplanes of the order are firm purchases. The subsequent 55 737 MAX airplanes[...]

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17 Jul 2018

Air Lease Corporation Announces Lease Placement of Four Boeing 737-8 MAX Aircraft with Belavia-Belarusian Airlines

FARNBOROUGH, United Kingdom, July 17, 2018 - Air Lease Corporation (NYSE: AL; “ALC”) announced today long-term lease agreements with Belavia-Belarusian Airlines for four new CFM LEAP-1B25-powered Boeing 737-8 MAX aircraft scheduled for delivery in 2019 and 2020. The first aircraft will deliver from ALC’s order book with Boeing in May 2019. “ALC is pleased to announce this placement with Belavia at Farnborough International Airshow today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “The advance technologies in the MAX 8 aircraft will provide a new level of efficiency and comfort to Belavia’s customers, and we look forward to continuing[...]

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10 Jul 2018

Air Lease Corporation Activity Update for the Second Quarter of 2018

LOS ANGELES, California, July 10, 2018 - Today Air Lease Corporation (NYSE: AL; “ALC”) announced an update on activity taking place in the second quarter of 2018: As of June 30, 2018, ALC’s fleet was comprised of 271 owned aircraft and 49 managed aircraft, with commitments to acquire a total of 358 new aircraft for delivery through 2023. ALC purchased 18 aircraft during the second quarter of 2018 14 new aircraft delivered from ALC’s orderbook including 6 Boeing 737 MAX 8s, 3 Boeing 787-9s, 3 Airbus A321neos and 2 Airbus A350-900s4 incremental, young Airbus A321-200s which were leased to an existing ALC customer Timing of orderbook deliveries and incremental aircraft[...]

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Investors

Mary Liz DePalma

Assistant Vice President, Investor Relations

Phone: +1 310.553.0555
Fax: +1 310.553.0999
Email: mdepalma@airleasecorp.com

Media

Laura Woeste

Manager, Media and Investor Relations

Phone: +1 310.553.0555
Fax: +1 310.553.0999
Email: lwoeste@airleasecorp.com